Coinfire Bitstamp update - page 5. | Bitcointalksearch.org

pedrog

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Quote from: asdlolciterquit on January 05, 2015, 12:59:51 PM

Quote from: uvt9 on January 05, 2015, 11:31:27 AM

Quote from: asdlolciterquit on January 05, 2015, 10:25:03 AM

how can i know if they lost MY btc? i can't even log in!

Bitstamp said they will cover the loss, probably by their own money. And they should do that to regain some of their business's reputation, otherwise nobody would trade on their site anymore.

where can i find their statement about this?

Quote

Customer deposits made prior to January 5th, 2015 9:00 UTC are fully covered by Bitstamp’s reserves. Deposits made to newly issued addresses provided after January 5th, 2015 9:00 UTC can be honored.

https://www.bitstamp.net/

asdlolciterquit

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Quote from: uvt9 on January 05, 2015, 11:31:27 AM

Quote from: asdlolciterquit on January 05, 2015, 10:25:03 AM

how can i know if they lost MY btc? i can't even log in!

Bitstamp said they will cover the loss, probably by their own money. And they should do that to regain some of their business's reputation, otherwise nobody would trade on their site anymore.

where can i find their statement about this?

Morecoin Freeman

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Legendary trader

Fuck.

tzortz

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Quote from: uvt9 on January 05, 2015, 11:37:20 AM

Quote from: Evil-Knievel on January 05, 2015, 11:35:42 AM

I stopped using btc-e after they

............

ehh, you mean bitstamp ?

I believe he made a mistake and deleted it.

uvt9

sr. member

Activity: 300

Merit: 250

Quote from: Evil-Knievel on January 05, 2015, 11:35:42 AM

I stopped using btc-e after they

............

ehh, you mean bitstamp ?

Quote from: LiteCoinGuy on January 05, 2015, 11:36:46 AM

dont hold a big amount of BTC in exchanges. you can use a more secure hardware-wallet:

https://bitcointalksearch.org/topic/overview-bitcoin-hardware-wallets-secure-your-coins-899253

(but also dont hold ALL BTC in just one place.)

tell that to day traders, they're different from us long term holders. They need to store large amount of coin and fiat on exchanges.

LiteCoinGuy

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In Satoshi I Trust

iam pretty sure bitstamp will cover the loss and they will be back online soon.

but:

dont hold a big amount of BTC in exchanges. you can use a more secure hardware-wallet:

https://bitcointalksearch.org/topic/overview-bitcoin-hardware-wallets-secure-your-coins-899253

(but also dont hold ALL BTC in just one place.)

Evil-Knievel

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This message was too old and has been purged

uvt9

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Quote from: asdlolciterquit on January 05, 2015, 10:25:03 AM

how can i know if they lost MY btc? i can't even log in!

Bitstamp said they will cover the loss, probably by their own money. And they should do that to regain some of their business's reputation, otherwise nobody would trade on their site anymore.

QuestionAuthority

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Activity: 2156

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You lead and I'll watch you walk away.

Quote from: mayax on January 05, 2015, 11:19:54 AM

Quote from: QuestionAuthority on January 05, 2015, 11:13:09 AM

Quote from: mayax on January 05, 2015, 11:10:21 AM

Quote from: QuestionAuthority on January 05, 2015, 11:04:13 AM

https://bitcointalksearch.org/topic/m.10023411

"A couple of exchanges will fail either due to regulations or fraud/incompetence of the owner."

One down 13 to go.

how did you count 13?

You're right, it should be more. I need one more exchange to make "a couple".

Vircurex is good enough?

It needs to be this year to qualify. lol

tzortz

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It had been done in the past a couple of times and they fixed it.

I believe they will do the same this time.

They are good.

mayax

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Quote from: QuestionAuthority on January 05, 2015, 11:13:09 AM

Quote from: mayax on January 05, 2015, 11:10:21 AM

Quote from: QuestionAuthority on January 05, 2015, 11:04:13 AM

https://bitcointalksearch.org/topic/m.10023411

"A couple of exchanges will fail either due to regulations or fraud/incompetence of the owner."

One down 13 to go.

how did you count 13?

You're right, it should be more. I need one more exchange to make "a couple".

Vircurex is good enough?

QuestionAuthority

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Activity: 2156

Merit: 1393

You lead and I'll watch you walk away.

Quote from: mayax on January 05, 2015, 11:10:21 AM

Quote from: QuestionAuthority on January 05, 2015, 11:04:13 AM

https://bitcointalksearch.org/topic/m.10023411

"A couple of exchanges will fail either due to regulations or fraud/incompetence of the owner."

One down 13 to go.

how did you count 13?

You're right, it should be more. I need one more exchange to make "a couple".

Bitcoinpro

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CEO from Bitstamp

https://bitcointalksearch.org/user/nejc-kodric-bitstampnet-38966

mayax

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Quote from: QuestionAuthority on January 05, 2015, 11:04:13 AM

https://bitcointalksearch.org/topic/m.10023411

"A couple of exchanges will fail either due to regulations or fraud/incompetence of the owner."

One down 13 to go.

how did you count 13?

QuestionAuthority

legendary

Activity: 2156

Merit: 1393

You lead and I'll watch you walk away.

https://bitcointalksearch.org/topic/m.10023411

"A couple of exchanges will fail either due to regulations or fraud/incompetence of the owner."

One down 13 to go.

mayax

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Activity: 1470

Merit: 1004

Quote from: asdlolciterquit on January 05, 2015, 10:47:44 AM

Quote from: mayax on January 05, 2015, 10:28:59 AM

Quote from: kingcrypto on January 05, 2015, 10:27:24 AM

They should publish a text explaining what's happening

explaining what? WE didn't care about you, fouls?

BitStamp is down for sure. why? they have two options:

1. they cover the loss but their credibility will be almost zero anyway.who will deposit money into a former hacked system? maybe in time...but time is money and i am sure Bitstamp won't resist on market with all their monthly expenses which are not small at all.

2. they close the business and keep the rest of the money. very simple to do it.

option one is not always true.

for example c-cex.com lost all his btc in march 2014, but right now is more alive than ever.
If they can recover all the btc, and prove that they will improve security, they can survive

I agree. this is what I said too. it takes time(months, maybe a year) until you regain the trust. Bitstamp has a lot of expenses. it's hard to keep a company with zero money....

Bitcoinpro

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Quote from: asdlolciterquit on January 05, 2015, 10:47:44 AM

Quote from: mayax on January 05, 2015, 10:28:59 AM

Quote from: kingcrypto on January 05, 2015, 10:27:24 AM

They should publish a text explaining what's happening

explaining what? WE didn't care about you, fouls?

BitStamp is down for sure. why? they have two options:

1. they cover the loss but their credibility will be almost zero anyway.who will deposit money into a former hacked system? maybe in time...but time is money and i am sure Bitstamp won't resist on market with all their monthly expenses which are not small at all.

2. they close the business and keep the rest of the money. very simple to do it.

option one is not always true.

for example c-cex.com lost all his btc in march 2014, but right now is more alive than ever.
If they can recover all the btc, and prove that they will improve security, they can survive

reminds me of Matthew Wright from here,

mayax

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Activity: 1470

Merit: 1004

Quote from: ?? on ??

Quote from: Bitcoinpro on January 05, 2015, 10:41:41 AM

Quote from: innocent93 on January 05, 2015, 10:38:36 AM

Quote from: mayax on January 05, 2015, 10:07:20 AM

Bitstamp lost 18K BTC. https://blockchain.info/address/1L2JsXHPMYuAa9ugvHGLwkdstCPUDemNCf

that means around of 4,8 MIL. USD

what's next? Bitcoin price will go down....

After the price crash, this is another blow to Bitcoin. Sad

Bitstamp fucked up, but what can I believe now? Cold wallet,maybe.

CEO is in vegas as we speak

is he opening a strip club? alas magikarpa muffin shop?

hahaha, yes, he is in a middle of lap dance while someone is breaking his "house". you see, the owners are two "kids" who are thinking they are Gods just because they made millions from their clients.
next time, be more careful to whom you entrust your money.

More than that, there are rumors their bank account will be frozen.

Bitcoinpro

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Activity: 1358

Merit: 1000

what's his username from this site?

asdlolciterquit

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Activity: 1666

Merit: 565

Quote from: mayax on January 05, 2015, 10:28:59 AM

Quote from: kingcrypto on January 05, 2015, 10:27:24 AM

They should publish a text explaining what's happening

explaining what? WE didn't care about you, fouls?

BitStamp is down for sure. why? they have two options:

1. they cover the loss but their credibility will be almost zero anyway.who will deposit money into a former hacked system? maybe in time...but time is money and i am sure Bitstamp won't resist on market with all their monthly expenses which are not small at all.

2. they close the business and keep the rest of the money. very simple to do it.

option one is not always true.

for example c-cex.com lost all his btc in march 2014, but right now is more alive than ever.
If they can recover all the btc, and prove that they will improve security, they can survive

Topic: Coinfire Bitstamp update - page 5. (Read 7071 times)